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Apr 30, 2024

Our Federal Government has revised the employment numbers nearly every month in 2023. The total job new job numbers were reduced by 360,000 in 2023 from the initial reported job numbers.
For example, the US Government initially reported 209,000 new jobs for June 2023. Then later revised down by 104,000 jobs....

Apr 23, 2024

Our Federal Government has spent more than it receives for decades. This has become worse over time. We now have over $34 trillion in debt and the debt is increasing about $1 trillion every 100 days. This is unsustainable. 
We have tried deficit spending for decades. It has caused inflation, economic instability,...

Apr 16, 2024

Truth in Accounting believes truthful accounting is the key for citizens, legislators, and the press to understand the truth about government finances.
Truth in Accounting recently released The Financial State of the Union. This is a review of the latest available audited Financial...

Apr 9, 2024

The compound effects of inflation over the past 3 years is forcing many Americans to make difficult financial decisions.
When the federal government spends more than it receives through tax revenues, it prints the extra dollars. This increases the amount of currency in circulation. Extra dollars chasing products and...

Apr 2, 2024

The government changed how it measures the Consumer Price Index (CPI) to make it appear inflation is less severe than it actually is.
If CPI was measured using pre-1983 methods, 2022 is estimated to be 18%. 2023 inflation (CPI) was 9% according to the Bureau of Economic Analysis. 
These numbers are supported by a...